BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada (PACB11.SA) Price
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada Price
Underlying
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada provides 2X daily exposure to BTG.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada List of Holdings
Frequently asked questions about BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada is offered by BTG Pactual, a leading player in the field of passive investments.
The ISIN of BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada is BRPACBCTF000.
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada aims to deliver 2 times the daily return of BTG (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada provides 2X daily long exposure to BTG. When BTG moves +1% in a day, BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada targets approximately 2% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada does not comply with the EU UCITS investor protection directives.
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada tracks the performance of the ITBR IPCA Ultra Long CE - Teva Treasury IPCA Ultra Long Convexity Enhanced Index - BRL - Benchmark TR Gross.
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada is domiciled in BR.
The fund was launched on 7/10/2024.
The BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada mainly invests in High-yielding companies.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
BTG Pactual Teva Tesouro Ipca Ultra Longo Ce Fundo De Indice - Responsabilidade Limitada